Grains higher on disappointing rains corrective buying, strong soy products, which spilled over into wheat. Cattle see profit taking w/lower boxed beef. While the dollar was down last week. Darin Newsom, Barchart.

In eastern Kansas and Missouri, harvest is happening at a historic pace, but western Kansas is overcome by so much rain that winter wheat fields are now overgrown by weeds making those fields unharvestable.

Jon Scheve discusses bean highlights from the recent USDA report and estimates where bean prices will go based upon different national yield averages.

Darren Frye of Water Street Solutions says grains slide on favorable weather and the anticipation of the July WASDE report and the possibility of USDA cutting yield.

Despite long-standing trends showing an increase in meat consumption as countries’ incomes rise, a shift seems to be occurring.

Another week is in the books, here’s what happened in the grain markets.